As the description says, built by Ortano Navi which shortly after became Perini Navi, so in theory a good pedigree. I knew this boat well when she was named Magdalus Terzo and crewed on one of her Atlantic crossings as well as spending considerable yard time with her. This boat is mechanically very complex, whilst out of the water, we spent 4 weeks just getting one shaft seal to stop leaking, let alone all the other work our two engineers had to do. Under sail she's okay, motoring is a different story; we burnt 9 tonnes of fuel on the leg from Antigua to the Azores. Potential buyers will have to have very, very deep pockets, don't let the asking price fool you, she'll cost you that PLUS at least double just for the refit.

@YachtMarineBrokerage

Жыл бұрын

Thanks for your comment. Interesting to hear from someone who actually sailed the boat. Your budget estimates are realistic. New yacht like this will cost 15 - 20 M that's the logic that an investor buyer will have in mind.

@jameskiehm546

Жыл бұрын

How does such an expensive and beautiful boat end up in such bad shape? This needs to go back to the PN yard for a complete refit. This is not a you tuber refit project.

@JohnnyBoy-oq7gc

Жыл бұрын

@@jameskiehm546 When she was Magdalus Terzo she had an owner with the resources to run her. She also had a highly efficient and experienced management company to take care of her. I suspect that in later years subsequent owner(s) weren't quite as capable and/or believed she could be run and maintained on a shoestring. You have to take in to account a number of factors when contemplating a boat such as this. 1. Acquisition cost. 2. Annual running cost. 3. Exit strategy. Too many wannabe yacht owners just see the headline purchase cost.

@LordLauderdale

Жыл бұрын

Those two V12 surely will burn some diesel.

@Leosarebetter

Жыл бұрын

Thanks for your reply. I get annoyed at some boat reviewers claiming certain vessels to be fuel efficient - when in reality, like this one you would be chewing through approx 45 to 50 litres per hour, per engine. A trip from Antigua to the Azores and you have, as you say around 9 tons of fuel used (approx 10,588 litres) This vessel seems to be 180 away from simplicity at sea. I did a quick calculation of costs to get this vessel up to par (which includes simplifying systems) and my thoughts are that the asking price should be dropped by at least 60%. There are so many other better priced, better valued boats comparable to this on the market.

~115' for us old school units of measure people. Nice aluminum upper section to keep the center of gravity low. Love the style of this sailboat, the beautiful gentle bow entry angle, the super sexy and massive stern overhang, dangling over the water. I hope someone awesome gets this boat and brings her back to life.

Beautifully designed boat!

Gorgeous ship! Once I win a lottery it's mine. Love all that wood. 1st thing is a overhaul of the crew/galley area then turn the rudder area extra space into a motorcycle garage. Thanks for the video

Welcome back missed your fantastic videos.

Thank you! Excellent as always! What a beauty she once was!

It would make a great boat for 10 people who want to sail the world. Who cares about varnish, as long as the sails are working and the engine I would have no problems with the decor !

Siempre es un gusto ver tus videos. Saludos desde Argentina

This vessel was presented in a very honest way. He told us many, many times through the video where things needed to be replaced, were missing, or the condition simply unknown in lieu of a survey. This vessel needs a TON of work, but the bones are there for a large, blue ocean crossing vessel. I personally don't think she'll fetch 1.5M, that said whatever she sells for, plus a complete refit in Croatia - you'll still be well under half price of what a comparable sized Perini Navi will cost.

@pacificpearlsailing

Жыл бұрын

The get the boat up to scratch it would cost close to 1M ! The boat itself in this condition is worth less then 500k ;)

@bsm2001yt

Жыл бұрын

I agree! That engine room, electronics, sails, rigging, and the list goes on. I'd be shocked if it sells for anything over a $1M. Its going to take a significan outlay of cash and time to bring this boat back to its former glory. Good luck to the new owner. As much as I love restoring almost anything, I'm not so sure I'd take this project on - all money aside.

@briansrensen8204

11 ай бұрын

The big question is always if the value it will represent once restored is greater or less than the total investment. Even as a give away, I don't think anyone can make this profitable and thus it's better to find a newer boat.

Beautiful in it's time

Very informative video , the vessel is in fairly decent shape for its age. Addressing the rust on the hull repaint, wood work cushions and new fabric. Not bad at all. Next question would be the condition of the sails that can be very expensive. But all and all . I love it !! Thank you sir for your time.

@YachtMarineBrokerage

Жыл бұрын

Thanks for your feedback. The yacht will need new sails

@Paul_C

Жыл бұрын

@@YachtMarineBrokerage and a whole lot of work. Basically what ever a fool willing to shell out, is the price. It won't be much. Ranging from $1 to whatever a fool gives.

I definately need that master suite and dressing room.

This is the scariest video on the internet! just the idea of buying it and then refitting her, scares the b-geesus out of me!

That’s a mini ship ! The thing that would worry me is at 35 years young she was rusting to such an extent!! So imagine putting loads of money into it and it’s still quitely rusting away in places you’ve never seen and will probably never get to. I think the wood is a bit like coffin ⚰️ timber not very classic or classy in my opinion I’m with a lot of other on price here 500k. But I wouldn’t touch it myself if I had the money I’d buy a new Kraken

just a hunch but suspect that hull plating was replaced because she possibly corroded from the inside out especially that large repair patch down near the bilges.

Exactly how is the aluminum deck fastened to the steel hull (& scantlings?) ? Laser brazing? Epoxy & mechanical? That factor alone would determine the fundamental viability of any restoration project. Galvanic corrosion might not be as serious as the classic case of the 1915 monel-steel disaster with complete corrosion in 6 weeks of a 215 foot boat, but it would be systemic right across the entire hull/deck joint of this one.

@cetterus

Жыл бұрын

Exactly. Main questions: 1. possible galvanisation between aluminum parts and steel hull and 2. possible INNER condensation in over 30 years of usage.

This is the stuff of nightmares!

It would be cool to have it moved to a mountain forest off grid restored for a cabin in the woods hot tub up top many ideas

This is a great example of many similar "doomed" boats : The person that can afford this boat would never choose it. They choose less troubled newer boats. Seven crew? six guests? The potential owner who can afford that can afford a 5-6 Million boat. Even as a charter yacht it would never make a profit with 7 crew and 35 meter mooring expenses, insurance and annual dry docking. Pretty boat, doomed to rotten ashore

A nice old boat but I wouldn't touch it due the the steel/aluminium configuration of hull and superstructure... a recipe for disaster ... those metals just don't mix. In the mid 70's I crewed on a 35m alloy racing design yacht which never raced... Sayonara Alpha (originally Talofa IV and finally Penelope). Sayonara Alpha had massive manual winches, the 2 winches for the foresails had 35 tons capacity... and a skipper with 3 female crew sailed her from the Carribean to France quite easily. She was built in France in 1968.

If I had the money 💰💸 I would buy her in a heart beat. I love her 😍

The get the boat up to scratch it would cost close to 1M ! The boat itself in this condition is worth less then 500k ;)

@lutomson3496

Жыл бұрын

was gonna say the same would rather have an aluminum hull its a money pit for someone who doesnt care about getting money back

how older is She .,Rebirthing? has she sailed millions of ceilings lol..once she gets back to the sea the sea will never the same again;)Goodluck and Godbless to the Sales and Sails

Amazing, maybe all the top surface with solar panels

It's been an absolutely beautiful vessel. It will need a massive overhaul. Is it worth it? I guess that's for the man with deeeeeep pockets to answer.

Wow, everywhere you look, trouble. I couldn't even begin to guess how much money you would need but I'm thinking for the same money you could buy a brand new Bering Ocean Cruiser. I love sailing boats but this is a project an average person could simply not afford.

@seanogallchoir3237

Жыл бұрын

Shared ownership, with other experienced sailors.

@OlafFichtner

Жыл бұрын

An average person couldn't even afford the boat: 1.5m Euro for a project boat requiring a crew of five to seven people? Maybe a charter company...

Wow the bull is well banged up! Has she been driven upon the rocks?

@user-in6bj9dk5c

Жыл бұрын

100%

$3M to refit and certified.

@YachtMarineBrokerage

Жыл бұрын

Realistic estimation.. . New will cost 15 M

Wow that is guna cost more to do up than it worth sorry to say but if you got a cool couple of mill and years to wait then good luck but thats guna end up scrap what a shame they left it to get in this state before selling it wot a numpty, this would of sold quik sevral years back before it fell to peaces,,and this is more than a project..

This boat is not beyond the effort of any really hard working man to make safe, and operational . The cosmetics can be done anywhere in Asia in a very short time. Those engines would fire right up with clean fuel tanks and clean oil. Boat would need new batteries . All those sail control systems are going to need attention. You’d need a hydraulic guy for a month and that and batteries would be a thirty five thousand dollar cost. Otherwise, As Lon as you can make watertight and operational the skin fittings, intakes, toilet outlets, holding tank, the twenty or thirty pumps and their pipes, make sure that windlass can work and the chains and anchors are going to stay connected to the boat, and can be retrieved, and a means of propulsion through those gearboxes are going to be achieved at the helm, then you could refloat, anchor , work on at leisure . The big cost in those boats is insurance and mooring and docking. And it’s not a single man operation . You’d need good operational tenders and a way to retrieve them. It’s not beyond the means of an average man or family. It’s going to cost a hundred thousand dollars to get it operational if you do the dog work yourself. If those engines have compression and starters will start it, it’s a very viable boat and some yachtie will definitely buy it .

@k.t.robinson6339

Жыл бұрын

100 000 ?????🤷‍♂️ with or without batteries lol lol lol

If you want a good value for money for a 1980's/90's 30+ metre yacht buy a Jongert. Great boats with good resale values.

Nice showing beauty is more that skin deep but I am still looking for an appropriate ship for my floating prison in eastern Mediterranean if you run into anything lol

Inside feels like the Titanc

Eli - Ma chadash.....? Toda Raba..!🔯🕎

Talk about a hole in the Water that you throw money into Beautiful but Costly !

Which Boat yard is this boat in please?

35m and three guest cabins … what’s wrong with her ? 7 crew is the correct number for this size

Wish I had a few million lying around to purchase and fix this thing up.

This is a total restoration project. In it's current condition the boat isn't worth more than scrap. It's going too cost at least 6 million dollars too restore this vessel. If you're not prepared too flush that much cash, look for something much newer in excellent shape.

@waynecote31

Жыл бұрын

Why so Negative..we all know how much a small sailing vessel cost to run an maintain, of course this boat is for someone with fathomless pockets, it was interesting sailboat, still beautiful.

@williamavery9185

Жыл бұрын

I cant find how much the asking price is. But for the restoration cost alone, you could buy a good turn key.

@peterlamere1982

Жыл бұрын

@@williamavery9185 exactly what I'm saying. It all comes down too time if you have the money to do a beautiful restoration and modernization of this vessel. The 2-3 years this boat will be in the yard. For me I would rather have a turn key newer boat ready to go. I can't afford the lost time that I could be cruising. Someone who has more time might enjoy this project very much.

@mboyer68

Жыл бұрын

Those engines are $50k to replace so hopefully they'll pass inspection! Things that scared me: the condition of the engine room, him not knowing the brand of the generators or water maker, the cold climate they're in with possible freezing of pipes or engine blocks with water inside, that old electrical panel/control box...yikes! I work in industrial maintenance so I fix all of that stuff daily, minus the engines. Those relays, circuit boards, possible plc controls inside that big box...even if they have blueprints for everything I'd still be concerned! I hope she goes to a good home.

@never2late454

Жыл бұрын

I'm a little put off by the hull having so many large patches. Definitely a money pit for sure.

An with a dock for a deck

A VERY good boat , I just need find the money

looks like a floating coffin

Total deal if final cost is 3.5

Where is this sailboat located?

@YachtMarineBrokerage

Жыл бұрын

eliad@yacht-marine-brokerage.com

Restoration project indeed, I would love to see The end result if anyone flips this

For a moment It look as if all the tracks were painted over

Be cool to just anchor it in some beautiful bay and live on it. Too expensive to restore it in a short time frame.

Ghost ship!♋☪️♍⚛

@dancarter482

Жыл бұрын

Incredible HULK!

Trade tou my Jeep for it?

How much?

how many people to saile it

@savco3908

Жыл бұрын

All those automatic systems... 3 people could sail her quite easily, but on longer voyages more crew would be needed. You need a skipper, an engineer and a cook at a minimum.

Size Of draft ?

@YachtMarineBrokerage

Жыл бұрын

3 - 5 m

@capitan280

Жыл бұрын

Thanks you

I don’t watch videos that don’t give the price in the beginning.

@YachtMarineBrokerage

Жыл бұрын

visit yacht-marine-brokerage.com

@boeing-lt4el

Жыл бұрын

How lazy can you be Jeff? A vessel like this can take years to sell. The price will change over time, yet the video is in stone. The link is provided to the price. Its ONE click.

@jeffreylee9799

Жыл бұрын

@@boeing-lt4el a lot of us watch KZread on our TVs so not as easy as that. All the boat tour KZread channels I subscribe to give the price up front and it is understood that is is subject to change. And yes, I am lazy, and retired, and earned that right.

I noticed that there has been some earthquakes in Turkey are you ok? How is this boat is it still upright?

@cetterus

Жыл бұрын

Turkey is not close to Croatia

Be sureous, Much to, to, to expensive. It is more a casco case. So 500 - 650K € tax incl. Dependig of detailed surveyors inspection Not more.

@wernerdanler2742

Жыл бұрын

I guess I missed it. What are they asking?

@YOUNGNGRATEFUL

Жыл бұрын

@@wernerdanler2742 they want 1.5m euro…and only 3 cabins…. Yeah Ok. Can buy a new 80 footer with 4-5 cabins for 300k euro more

@skiyalater626

Жыл бұрын

@@YOUNGNGRATEFUL 114', a lot more boat than an 80'. Would love to know what you're finding for brand new 80' for $300k euro? Does it float? Just a hull? This boat may cost north of $25-$30 million to build. Check your facts. This boat could shine again with $10-$20mil or less into it.

@steinarlarsen9899

4 ай бұрын

asking price 790.00 Euiro@@YOUNGNGRATEFUL

Bad audio

🤣🤣🤣🤣🤣🤣🤣 Worth about $100k for scrap.

My God stop breathing into the Microphone, It's disgusting.

@laurentbrochard6949

Жыл бұрын

Turn off the sound ! Will be less disgusting ... All these guys breathing ..

Ill take it for 1 dollar 🤠 so much work ..why was this beatiful boat let go to this bad condition i ask .🙏